How to Increase the Value of Your Costa del Sol Property
The Costa del Sol is a beautiful area of Spain that is forever popular with property investors and families looking for a home in the sun.
If you have a property along the south coast of Spain and are thinking about selling it, there’s no doubt it will attract a lot of attention – but you want to get the best value possible.
At Bromley Estates, we’ve helped many people purchase and sell property in the Costa del Sol, so we know exactly what it takes to attract attention on the market. Follow our guide to understand how you can get the most out of your Costa del Sol property.
Understanding what drives value in the Costa del Sol
There are three key factors to consider when understanding what drives value in the Costa del Sol. They are:
- Location specifics
- Buyer demographics
- Trends
Location specifics
The location of your property is key to getting the most money in a sale. For example, how close are you to a beach or a golf course? Are there any marinas nearby? How are the transport services from your property?
These are key factors when selling a property, as having easy access to beaches, restaurants, golf courses, and more can dramatically increase your home’s value.
Buyer demographics
Think about who your target market is. Are you aiming to sell your property to retirees or short-term holiday renters? Each group may be looking for different features.
Trends
The Costa del Sol property market follows trends, just like other markets around Europe. This could be an outdoor living space, a modern design, or a strong offering of sustainability.
Key renovations that stand out
Depending on the quality of your property, you may need to undertake some renovation work. Focus on these four aspects:
- Kitchen and bathroom upgrades – Consider your bathroom and kitchen fittings. How up-to-date are they? Are your tastes a little different from the general market? Think about tweaking your kitchen and bathroom. This could include changing the colour scheme to something more modern, with subtle colours on fittings to attract a wider audience in the market.
- Outdoor improvements – The weather in the Costa del Sol invites people to eat outdoors, so if your property doesn’t have a suitable area outdoors, installing a modern garden with an outdoor eating area will attract huge attention.
- Energy efficiency – Energy efficiency matters to a lot of buyers, especially in the modern era. The addition of solar panels, double glazing, and sufficient insulation all matter to buyers, making it a more worthy investment for them.
- Smart home features – In addition to improving your home’s energy efficiency, smart home features like remote-controlled air conditioning, automated alarms, and smart lighting increase its appeal even more.
Interior design and staging
When selling a property anywhere, it must be decorated in a way that appeals to buyers. In the Costa del Sol, you should seek some Mediterranean minimalism. This means having plenty of whitewashed walls, natural textures, and bright open spaces.
This gives buyers an idea of the home’s potential – a clean slate if you like.
If renting or selling fully furnished, invest in some high-quality furniture to appeal, as buyers won’t have to worry about seeking high-end furniture after the purchase; they can simply move in without fuss or added expense.
Marketing and presentation
How you present your property is also key to attracting attention in the Costa del Sol.
Fortunately, we have plenty of experience in that. Professional photography and videography can set your home apart from others in the neighbourhood, attracting a lot more interest.
Think about its online appeal. Will the agency post captivating videos on social media or just leave a listing up on property websites? You’re likely to get lots more eyes on your property using social media, especially with the help of a trusted brand like Bromley Estates.
Speak to Bromley Estates
So, are you ready to sell your Costa del Sol property? We can help!
At Bromley Estates, we’ve supported people just like you for many years. We can guide you through the entire selling process in the Costa del Sol and provide our expert advice on the best way to market your home.
If you’re keen to speak to our agents, call +34 952 939 460 (+44 208 068 7606) or send an email to info@bromleyestatesmarbella.com.